# SK Siltron to invest 1 trillion won in new wafer factory in Gumi, South Korea

SK Siltron will invest approximately 1.0495 trillion KRW over three years to build a new silicon wafer factory in Gumi, Gyeongbuk, South Korea. Mass production of 300mm wafers is expected to begin in the first half of 2024, creating about 1,000 jobs.

- Type: Expansion
- Announced: 2022-03-16
- Where: Gumi, Gyeongbuk, South Korea
- Value: $870.0M (1049.5B KRW)
- Jobs: 1,000
- Starts operating: Q1 2024
- Status: announced
- Products: 300mm silicon wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Siltron](https://endata.com/companies/41972.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2022031609042733028), 2022-03-16: "SK Siltron plans to invest a total of 1.0495 trillion KRW over three years to expand a state-of-the-art semiconductor wafer factory in the 3rd Industrial Complex of the Gumi National Industrial Complex"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.